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Thursday, February 26 2026
Sheertex Owner to Be Sold to Maker of Secret, Silks Pantyhose Through Insolvency Process
A.Y.K. International Inc., the maker of Secret and Silk pantyhose, has struck a deal to purchase insolvent Sheertex parent SRTX Inc., The Globe and Mail reported. SRTX and three affiliates last week filed a notice of intention to…
Thursday, February 26 2026
Ferrexpo Unit Faces Bankruptcy Proceedings in Ukraine, Shares Plummet
A Ukrainian court has opened bankruptcy proceedings against Ferrexpo's iron ore mining subsidiary in the country and has appointed an insolvency manager, the London-listed company said on Tuesday, sending its shares down over 29…
Thursday, February 26 2026
UBS Now Sees Private Credit Defaults Reaching 15% in Worst Case
A few weeks ago, analysts at UBS Group AG laid out a worst-case scenario for defaults in the private credit sector. Their outlook is even more grim now, Bloomberg News reported. Strategists including Matthew Mish now say private…
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